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What are the practical implications of the global minimum tax deal?

As the world gears to implement the proposed global minimum tax by 2024, many African countries remain on fence. While 137 countries or 90 per cent of the global economy have supported the tax deal, which seeks to prevent companies from exploiting the tax system by moving profits to low tax jurisdictions, only 23 countries in Africa, that’s less than half of the countries on the continent have signed up for it. Joining CNBC Africa for more is Michael Hewson, Founder, Graphene Economics.
Tue, 23 Aug 2022 11:12:56 GMT

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